Matrix Composites & Engineering Limited Earns “Accumulate” Rating from Hartley’s Research (MCE)
Matrix Composites & Engineering Limited (ASX:MCE)‘s stock had its “accumulate” rating reiterated by equities research analysts at Hartley’s Research in a research note issued to investors on Wednesday. They currently have a $1.53 price target on the stock.
Matrix Composites & Engineering Limited (ASX:MCE) traded up 0.92% on Wednesday, hitting A$1.100. The stock had a trading volume of 69,189 shares. Matrix Composites & Engineering Limited has a 52-week low of A$0.600 and a 52-week high of A$1.600. The stock’s 50-day moving average is A$1.12 and its 200-day moving average is A$1.2. The company has a market cap of A$104.0 million and a P/E ratio of 34.06.
Matrix Composites & Engineering Ltd provides solutions consisting of engineered products and integrated services to the global oil and gas, and mineral resources industries.
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